Two law firms made over $200M from FTX, Celsius, and other crypto busts
Major law firms Sullivan & Cromwell and Kirkland & Ellis made $110 million and $101 million in fees respectively from crypto firm implosions.
Major law firms Sullivan & Cromwell and Kirkland & Ellis made $110 million and $101 million in fees respectively from crypto firm implosions.
Former Alameda chief Caroline Ellison told employees that Sam Bankman-Fried made the decision to use customer funds, a recording reveals.
Disgraced crypto exchange founder Sam Bankman-Fried has journalists busy ahead of his October trial. Catch up on the latest news here.
The Draft Reorganization Plan in FTX’s chapter 11 process details how debtors-in-possession hope to begin the reorganization.
SBF is currently under house arrest but he’s allowed to venture outside to meet with his attorney or the authorities.